Kampala, Uganda | JULIUS BUSINGE | The Insurance Regulatory Authority of Uganda Chief Executive Officer Kaddunabbi Ibrahim Lubega anticipates a good year for the insurance sector supported by improved economic performance in all sectors. Speaking at the CEO breakfast meeting held in Kampala at the end of last year, Kaddunabbi said, …
Read More »Eastern Region tourism campaign graced by celebrities, tourism enthusiasts
Sheebah and Golola head east Jinja, Uganda | JULIUS BUSINGE | Top Ugandan musician Sheebah Karungi, kickboxer Moses Golola and other celebrities have joined a team of 300 Ugandans from the central part of Uganda (Kampala) to run different activities for the domestic tourism campaign for the Elgon Region. …
Read More »Boosting private sector development in Uganda
Players task government to walk the talk at 13th national competitiveness forum Kampala, Uganda | JULIUS BUSINGE | Private sector players have asked government to walk the talk while promising to boost private sector activities that drive overall growth of the economy. The call was made by multiple speakers at the …
Read More »SEATINI makes recommendations on transition from fossil fuels to renewable energy
Kampala, Uganda | JULIUS BUSINGE | Africa needs to find its own solutions to find a win in transiting from the use of fossil fuels to renewable energy sources. This is the summary of the paper titled; “Understanding of the energy transition from an Afrocentric perspective,” written by Brendah Akankunda, Jane …
Read More »CMA makes recommendations to improve investor protection
There are alleged individuals and firms purporting to be investment advisors, fund managers and pyramid schemes with intend to defraud investors Kampala, Uganda | JULIUS BUSINGE | Investor education and protection, sustainable financing and product diversification in the equity market are among the key issues that emerged during the events …
Read More »Behind the increase in sugar price
Cane shortage amidst increased exports complicates the equation for local consumption Kampala, Ugnada | JULIUS BUSINGE | Local sugar consumers should brace themselves for further increases in price for the sweet commodity owing to a fall in production volumes amidst an increase in export volumes, according to industry players and …
Read More »Journalists and security forces
The question of professionalism when the two parties meet in the field Kampala, Uganda | JULIUS BUSINGE | November 2022 is a month that Henry Sekanjako and Timothy Murungi, all journalists with New Vision are waiting for to receive justice for their case reported to court in February last year. The …
Read More »Tough times ahead as inflation rises to 9%
This is the 6th straight month it is rising causing anxiety in the interest rate market Kampala, Uganda | JULIUS BUSINGE | Inflation, as measured by the Consumer Price Index for Uganda for the 12 months to August 2022, increased to 9.0%, up from 7.9% registered in July 2022, according …
Read More »UETCL shakes up management
The move is expected to improve performance at the electricity company that has recently been embroiled in management disputes Kampala, Uganda | JULIUS BUSINGE | Uganda Electricity Transmission Company Limited has appointed Michael Taremwa Kananura as the Acting Chief Executive Officer, replacing George Rwabajungu who served the company in …
Read More »Oxfam to unveil Shs77bn Impact Fund
The fund will target businesses providing decent jobs, women empowerment and innovations Kampala, Uganda | JULIUS BUSINGE | UK-based global organisation, Oxfam, plans to unveil a 20million Euros (Shs77bn) Impact Fund to support small businesses in line with their goals. The fund, to be unveiled as a pilot project before …
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